MANILA, Philippines — The House of Representatives approved on second reading the bill granting San Miguel Aerocity Inc. a franchise to construct, develop, establish, operate, and maintain a domestic and international airport in Bulacan.
Via voice voting, the lower chamber approved on second reading House Bill No. 7507 proposed by a number of lawmakers.
Aside from the construction of the airport, the franchise also allows San Miguel Aerocity to construct, develop, establish, operate, and maintain an adjacent airport city.
San Miguel Corporation (SMC) will invest P735 billion for the construction of the proposed “New Manila International Airport,” which will be built in the…